Increase apartment rental rates in a recession? Preposterous, you say! Yes, it is – IF you have not been keeping up with the maintenance needs of your tenants and over all customer service.
Once an apartment building has been located, you will want to asses the potential value that can be unlocked from it. Creating value in multifamily apartment buildings in Los Angeles (or any other city for that matter) can be accomplished by asking on question: “what about this building can I change to make it better?” This post shares 10 ways that may help to increase your property’s value.